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DryShips takes over Heidmar
[Offshore]
DryShips announced on June 10 that it has completed the acquisition of 100% of the issued and outstanding shares of Heidmar Inc., a global tanker pool operator. Prior to the transaction, DryShips indirectly owned approximately 49.8% of Heidmar...
2019-06-13 07:37:57
Oceaneering to conduct 1st deepwater AUV survey in Mexico
[Offshore]
Oceaneering International, Inc. announced on June 10 that the company has secured a contract to perform the first-ever deepwater Autonomous Underwater Vehicle (AUV) survey in Mexican waters. The geophysical survey will be performed for BHP at ...
2019-06-13 07:36:15
WorleyParsons wins EPCIC deal for Gjoa 1 project
[Offshore]
Neptune Energy announced on June 11 that Rosenberg WorleyParsons has been awarded contracts for modifications on the Neptune operated Gjøa semi-submersible platform. The Engineering, Procurement, Construction, Installation & Commissioning...
2019-06-13 07:34:41
Korea reclaims No.1 in May NB order
[Shipbuilding]
Korean shipyards recaptured the first place in the global new order competition last May. According to Clarksons Research, Korea ranked first in May with a total of 640,000 cgt (16 units) in global newbuilding orders, accounting about 60% of t...
2019-06-13 07:26:15
Korea's LNG bunkering cluster roadmap revealed
[Shipping]
South Gyeongsang Province of Korea had a final presentation on study for LNG bunkering cluster on June 5 at the office building of Gyeongsang-do Provincial Government, Changwon-si, Gyeongsangnam-do, Korea, revealing a detailed roadmap for setting...
2019-06-13 07:25:29
HHI's due diligence on DSME failed again
[Shipbuilding]
Hyundai Heavy Industries' (HHI's) on-site inspection of Daewoo Shipbuilding & Marine Engineering's (DSME's) Okpo shipyard was abandoned for the second time. About 10 officials from HHI including chief finance officer (CFO) Cho Young-...
2019-06-13 07:24:39
Geoje calls for halt to sale of DSME
[Shipbuilding]
Geoje City of Korea has called again for a halt to the sale of Daewoo Shipbuilding & Marine Engineering (DSME), a significant business in the city. The city issued a statement under the name of Byun Kwang-yong, the mayor of Geoje, on June ...
2019-06-13 07:24:02
Korea cuts fee on public waters
[Shipbuilding]
The Ministry of Oceans and Fisheries (MOF) of Korea has recently announced that some revisions of the 'Public Waters Management and Reclamation Act' were passed at a cabinet meeting held on June 11. The revisions aim to cut fees on specific in...
2019-06-13 07:23:16
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